Background

Mr. Richard D. Parsons, also known as Dick, Esq., J.D., has been Interim Chief Executive at Los Angeles Clippers, Inc. since May 2014. Mr. Parsons is a Founder at R&R Venture Partners. He serves as a Senior Advisor of Providence Equity Partners LLC since September 2009. He serves as the Co-Chief Operating Officer of TWE at American Television and Communications Corporation and AOL Time Warner. He has served on a panel of economic advisors who counseled President Obama. ... He served as the Chairman and Chief Executive Officer of Time Warner Entertainment Company, L.P. since May 2003 and May 2002, respectively. He served as the Chief Executive Officer of AOL Time Warner - General Partner of Time Warner Entertainment Company, L.P. since May 2002. Mr. Parsons served as President of Time Warner Entertainment Co LP and Time Warner since February 1995. He joined Time Warner in 1995. He served as the Chief Executive Officer and Chairman of the Board of Dime Bancorp, Inc. He served as the Chairman, Chief Executive Officer and President of Historic TW, Inc. since May 2003, May 2002 and February 1, 1995, respectively. He served as the Managing Partner of Patterson, Belknap, Webb & Tyler LLP. Mr. Parsons held various positions in state and federal government, where he was a Counsel to Nelson Rockefeller. He was a Senior White House aide under President Gerald Ford. He served as an Executive of The Dime Savings Bank of New York, FSB. He serves as the Chairman of The Apollo Theater Foundation, Inc. He served as the Chairman of the Board of Citigroup Finance Canada Inc. since February 23, 2009. He serves as a Co-Chairman of The Council at National Museum of African American History and Culture. He served as the Chairman Emeritus of The Partnership for New York City, Inc. He served as the Chairman of Citigroup Global Markets Australia Pty Limited. He served as the Chairman of Citigroup Inc. until April 17, 2012 and served as its Director from 1996 to February 2009. He served as the Chairman and Director of Time Warner Cable Inc. until December 31, 2008. He served as the Chairman of Time Warner Inc. He serves as a Vice Chairman of RWL Water Group. Mr. Parsons serves as a Director of Teach For America, Inc. He has been a Trustee of Howard University Hospital since 1988. He has been a Director of The Estée Lauder Companies Inc. since 1999. He serves as a Director of Warner Communications LLC. He has been a Director of Lazard Ltd. since June 13, 2012. He serves as a Director of The Partnership for New York City, Inc. and Lazard Freres. He has been a Director of Lazard Group LLC since June 2012. He has been a Director of American Television and Communications Corporation since February 1, 1995. He has been a Director of Citigroup Finance Canada Inc since 1996. He serves on the board of the Estee Lauder Cos. He serves as a Director/Trustee of Colonial Williamsburg Foundation. Mr. Parsons serves as the Chairman of The Apollo Theatre Foundation. He serves as a Director of Museum of Modern Art and The, American Museum Of Natural History. He has been Director of The Madison Square Garden Company since September 29, 2014. He served as Director of The Madison Square Garden Company since February 9, 2010 until May 9, 2014. He serves as a Member of Advisory Board at The First Thirty Days, Inc. He served as a Lead Director of Citigroup Finance Canada Inc. He served as a Director of Time Warner Inc. from 2001 to May 2009. He served as a Director of AOL Time Warner and Time Warner Entertainment Company, L.P. since February 1, 1995. He served as a Director of TWE and AOL Time Warner since February 01, 1995. He served as a Director of ATC from 1989 to 1991. He served as a Director of Citicorp since 1996. He served as a Director of Howard University. He served as a Director of Historic TW, Inc. since 1991. Mr. Parsons received a J.D. from Union University’s Albany Law School in New York and under-graduate education at the University of Hawaii.

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